COMP <GO>
GBDC vs SLM // EV/EBITDA & P/E VALUATION
Golub Capital BDC Inc. (NASDAQ) VS. SLM Corporation (NASDAQ) • 15-METRIC TALLY: GBDC 4
— SLM 3
■ METRIC PARITY
LAST: $12.72 (-0.47%) • MKT CAP: $3.32B
valuation
—
LAST: $17.80 (-2.47%) • MKT CAP: $3.34B
valuation
11.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (GBDC VS. SLM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | GBDC | SLM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.60% | 7.40% | +2.20 | GBDC | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 11.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -3.42% | -13.21% | +9.79 | GBDC | /fcf-yield <GO> |
| Operating Margin | — | 75.00% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | 68.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 23.10% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 11.10% | 3.23% | +7.87 | GBDC | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 2/9 | 5/9 | -3.00 | SLM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 63.5 | 29.1 | +34.40 | GBDC | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.06 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 8.2x | 4.2x | +4.00 | SLM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.32B | $3.34B | -$18.1M | SLM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | GBDC REV | SLM REV | GBDC GROSS % | SLM GROSS % | GBDC FCF | SLM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $0 | — | — | -$113.6M | -$398.6M |
| FY 2024 | $0 | $0 | — | — | $343.9M | -$329.4M |
| FY 2023 | $0 | $0 | — | — | $195.4M | -$144.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
GBDC // BETA —
SLM // BETA 1.06